Janashakthi felicitates local entrepreneur businesses under Awaranaya scheme

Monday, 2 June 2014 00:00 - - {{hitsCtrl.values.hits}}

Janashakthi Insurance recently felicitated some of their most loyal small and medium enterprise customers under its Janashakthi Business Awaranaya, which is one of the leading financial protection plans for Sri Lankan shop owners and traders. Cash prizes were handed over to 26 such loyal Janashakthi Business Awaranaya clients across the island, using Janashakthi’s extensive network of branch offices. The winners included traders from Jaffna to Embilipitiya, Ampara, Vavuniya, Batticaloa, Monaragala, Eheliyagoda, Maharagama, Kilinochchi, Anuradapura, Nuwara Eliya, Gampola and Kandy, to name a few.

“The world of trade and commerce is filled with unforeseen events. At Janashakthi, we recognise that the average business trader has built up his enterprise over years of blood, sweat and toil, in order to provide for their family. Our Business Awaranaya product was developed in order to help these entrepreneurs who are particularly in need of protection, as they grow their businesses by taking calculated risks,” said Rajitha Samaranayake, Senior Brand Manager – Non-Motor. “We are happy to give our customers a token of gratitude for continuing to place their trust in us. It is our pleasure to be of support to local entrepreneurs, who play such a key role in the development of our economy,” he added. Janashakthi Business Awaranaya has provided a comprehensive host of services to thousands of business entrepreneurs across the island, supporting them in their time of need. In addition, Janashakthi has stepped forward to sponsor events such as the FCCISL Entrepreneur Awards, in recognition of the integral role that entrepreneurs play in the local economy.

Janashakthi’s Business Awaranaya policy is a comprehensive, flexible financial protection plan covering a wide range of risks faced by small entrepreneurs and businesses. The policy provides compensation to business owners in the event that fire, lightning, natural disasters, electrical risks and burglary threaten to stop or interrupt their business operations. In addition to those main basic covers Business Awaranaya provides extended protection to small businesses, their owners and even their employees from a host of other risk factors. Additional coverage includes loss of money, damage to glasses, damage to goods whilst loading/unloading and transportation, liability to public, fidelity of employees, cost of alternate accommodation and loss of rent, and personal accident cover of Rs. 100,000 for employees, hospitalisation benefits for employees, accidental damage to audio video equipments, damage to services and loss of documents. Among its many pioneer insurance products, Janashakthi Insurance offers a host of life and general insurance solutions targeted at the business community, be it the smallest shop or the largest blue-chip conglomerate. Janashakthi Insurance recently garnered a RAM ratings upgrading to A in terms of long term claim payments. The upgrade was partly due to the company’s impressive payout record, with the company honouring an impressive Rs. 4.449 billion in claims in both life and non life segments during the last financial year 2013. Janashakthi’s stellar performance has already received recognition, with the company receiving a coveted Gold Medal at the National Business Excellence Awards 2013. This tops up many other accolades for its commitment to innovation through cutting-edge technology, as well as its employees through targeted training and development schemes.